The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-02-14
THE HOUSE.
Passage Of the Bill Providing for the Re-
demption of Trade Dollars.

Passage of the Bill Providing for the Re-
demption of Trade Dollars.
WASHINGTON, Feb 3-Immediately after
the reading of the journal Mr. Scott, of Penn
sylvania demanded the regular order and called
up the Senate bill for the retirement and RECON-
age of the trade dollar
Mr.. O'Neill Of Missouri, raised the point of
order that the committee on labor was entitled
to the floor on prior special order, made in
May last. That special order had been made
under suspension of the rules ir May last by
two-thirds vote, and he contended that it could
not be set aside by a majority vote of the House
upon resolution reported by the committee on
rules. Such course would turn the masking of
special order by two.thrds vote into farce.
The committee on rules could nullify the action
OF the House and tomorrow report resolution
setting aside the remainder of the session for
consideration of one particular job, to the ex
clusion of every prior special order.
The Speaker stated that the order awarding
the floor for one day to the committee on labor
had been made in May last. and was a continu
ing order. subsequently the House-not the
committee on rules-had set aside particular
day for consideration of the trade dollar bill, to
the exclusion of all other business. He over
ruled the point of order.
Mr.. ONeill then raised the question of consid
GRAFTON, and tho House decided-yeas l42, nays
lotto consider the dollar bill.
Mr. Lanham. of Texas, representing the mi
nority OF the committee on coinage, weights and
measures, offered an amendment providing that
within six months after the passage of this act
trade dollars not mutilated or defaced shall be
received at their vace value in payment of ali
dues to tho United States; that any holder of
ard silver dollars or subsidiary coin; and that
the trade dollars received by the Treasury in
payment or exchange shall be recoined into
standard silver dollars or subsidiary coin, at the
option of the Secretary of the Treasury.
Mr. Warner, of Ohio offered an amendment
providing specifically that the recoinage of the
trade dollar shall not be considered as part of
the silver bullion required to be purchased
monthly and coined into standard silver dollars.
Mr.. Lanham accepted the amendment offered
by Mr.. Warner, and modified his own accord
ingly.
The amendment as modified was agreed to-
Ut to 99-and and the bill. as amended, was
| passed-l4 to 36.
AS passed. the bill provides. in it's first sec
| ton, that for a period of six months sitter the
passage OF this act the trade dollars, if not de-
faced, mutiated or stamped, shall be received at
| their face value in payment of all dues to the
United States, and shall not again be paid out
| or in any other manner issued. Section pro-
vides that during the above period the holder of
| trade dollars not mutilated. defsced or stamped
may receive in exchange, on presentation of
tho same at the Treasury or any sub-treasury, a
like amount and value, dollar for dollar, in
standard silver dollars or in subsidiary silver
coins at the option of the holder. Section 3
directs that the trade dollars received by the gov
ernment in payment of dues, or in exchan ;e
shall not be paid out, but shall be recoine,a into
standard silver dollar or subsidiary CON- at the
discretion of the Secretary of the Treasury; pro-
vided, that the recoinage of trade dollars re-
| coined under this act shall not be considered as
| part OF the silver bullion required to be pur-
| chased and coined into standard dollars,
| quired by the act of Feb. %, 1878 Section re-
| peals all laws authorizing the coinage and issu-
| ance of trade dollars.
| The House then went into committee of the
whole-Mr Blount, of Georgia, in the cbair-on
the diplomatic and consular appropriation bill.
Mr.. Burns, Of Missouri made point of order
against the provision increasing the salary Of the
| Minister to China from $12 600 to 81, 500.
The point of order sustained, as was also
a point of order against the provisions fixing the
salaries Of the ministers to the Argentine Repub
! lie and Turkey at $40. 900.
Pending further action the committee rose.
| Messrs. Breckenridge, of Arkansas, Maybury
| and Reed were appointed conferees on the bill
making close season for mackerel fishing. The
] House adjourned.